Timing is everything, as they say — and if the phrase applies to anything, it’s selling a home.
Realtor.com released its Best Time to Sell report this week, offering crucial insights into one aspect of an often complicated process. Though there are many other components to consider, carefully choosing when to sell can result in a speedier process and more money.
Nationally, the best time to sell a home in 2023 is the week of April 16, according to Realtor.com — but in the Portland metro area, the week-long window starts slightly earlier: March 26.
During that week, local listing prices are expected to increase more than 4% (versus the start of the year). Compared to an average week, properties will see a 32% increase in views, spend nine fewer days on the market, and compete with nearly 26% fewer active listings.
All this considered, Realtor.com advises homeowners to still make sure their properties look their best and are up to date on routine maintenance in the pursuit of a fast sale and high price.